₹26,000-crore Bengaluru Business Corridor Phase-1 to open by Mid-2027

Congress government revives the 117-km project to ease traffic, connects major highways, compensates landowners, and funds construction through HUDCO loans without budget allocation.

The Karnataka government has revived the ambitious ₹26,000-crore Bengaluru Business Corridor project, aiming to reduce traffic congestion on the city’s outskirts and improve overall connectivity. Deputy Chief Minister and Bengaluru Development Minister D K Shivakumar announced that the first phase of the project will be completed by mid-2027.

Speaking after reviewing the project’s progress with officials of the Bengaluru Development Authority (BDA), Shivakumar said land acquisition and compensation are moving steadily. So far, 650 landowners have agreed to part with their land, and compensation has already been disbursed to 400 of them. Cheques, certificates, and Transferable Development Rights (TDRs) were handed over as part of the settlement process.

The 117-kilometre-long corridor, earlier known as the Peripheral Ring Road project, is expected to serve as a major solution to Bengaluru’s long-standing traffic issues. Once completed, the corridor will link NICE Road with Tumkur Road and Hosur Road through key routes such as Hesaraghatta Road, Doddaballapur Road, Ballari Road, Hennur-Bagalur Road, Old Madras Road, Hoskote-Anekal Road, and Sarjapur Road.

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Unlike many infrastructure projects, the Business Corridor is being executed without direct budgetary allocation. Instead, funding is being arranged through loans from the Housing and Urban Development Corporation (HUDCO). A dedicated special purpose vehicle, Bengaluru Business Corridor Limited, has been formed to implement and manage the project. Around 75 per cent of the total project cost will be raised through loans.

The government has assured fair compensation to landowners under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, along with relief through the TDR scheme.

Despite opposition from conservation groups and some landowners, and demands to denotify land acquired more than 15 years ago, the Congress government has pushed forward with the project, citing its importance for Bengaluru’s long-term urban mobility and development.

Once operational, the corridor is expected to significantly ease traffic pressure, improve freight movement, and enhance connectivity between major highways and city zones.